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Assume the following information: Item Beginning cash and cash equivalents Additions to plant and equipment Depreciation Cash dividends Amount $ 110,000 $ (180,000) $
Assume the following information: Item Beginning cash and cash equivalents Additions to plant and equipment Depreciation Cash dividends Amount $ 110,000 $ (180,000) $ 40,000 $ (25,000) Additions to long-term investments $ (60,000) Decrease in inventory Increase in accrued liabilities $ 21,000 $ 7,000 Issuance of common stock $ 30,000 Item Gain on sale of equipment Increase in accounts receivable Increase in accounts payable Proceeds from sale of equipment Issuance of bonds payable Decrease in income taxes payable Decrease in prepaid expenses Net income Amount $ (11,000) $ (11,000) $ 5,000 $ 70,000 $ 80,000 $ (4,000) $ 5,000 $ 115,000 During the year, the company did not sell any long-term investments, retire any bonds payable, or repurchase any common stock. Required: 1. Calculate the net cash provided by operating activities. 2. Calculate the net cash provided by (used in) investing activities. 3. Calculate the net cash provided by (used in) financing activities. 4. Calculate the cash and cash equivalents ending balance. Complete this question by entering your answers in the tabs below. Required: 1. Calculate the net cash provided by operating activities. 2. Calculate the net cash provided by (used in) investing activities. 3. Calculate the net cash provided by (used in) financing activities. 4. Calculate the cash and cash equivalents ending balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the net cash provided by operating activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Operating activities Statement of Cash Flows-Indirect Method < Required 1 Required 2 > Required: 1. Calculate the net cash provided by operating activities. 2. Calculate the net cash provided by (used in) investing activities. 3. Calculate the net cash provided by (used in) financing activities. 4. Calculate the cash and cash equivalents ending balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the net cash provided by (used in) investing activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows-Indirect Method Investing activities < Required 1 $ 0 Required 3 > Required: 1. Calculate the net cash provided by operating activities. 2. Calculate the net cash provided by (used in) investing activities. 3. Calculate the net cash provided by (used in) financing activities. 4. Calculate the cash and cash equivalents ending balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the net cash provided by (used in) financing activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Financing activities Statement of Cash Flows-Indirect Method < Required 2 $ 0 Required 4 > Required: 1. Calculate the net cash provided by operating activities. 2. Calculate the net cash provided by (used in) investing activities. 3. Calculate the net cash provided by (used in) financing activities. 4. Calculate the cash and cash equivalents ending balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the cash and cash equivalents ending balance. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows-Indirect Method Beginning cash and cash equivalents Ending cash and cash equivalents 0 $ 0 < Required 3 Required 4
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